using ai to match skills supply to skills demand for ......•essential to quickly and effectively...
TRANSCRIPT
Using AI to Match
Skills Supply to
Skills Demand for
Industry 4.0
Mr Gary Gan
CEO, JobKred
The world of work is changing rapidly
10%Annual Skills
Obsolescence
> 33%Obsolescence
Of Jobs
> 60%Employers
report lack of
skills in hires
https://www.weforum.org/agenda/2017/07/skill-reskill-prepare-for-future-of-work/https://www.manpowergroup.com.sg/wps/wcm/connect/deda2996-1672-4eea-87bc-8d6ada9247c5/MG_Edited_TalentShortage2018_lo.pdf?MOD=AJPEREShttp://www.mas.gov.sg/News-and-Publications/Media-Releases/2019/IBF-MAS-study-identifies-skills-for-more-competitive-financial-sector-workforce.aspx
Current Methods of Skills Demand Assessment
Direct Industry
Consultation
• Not standardized
• Slow
• Small sample
• Subjective
Surveys and
Focus Groups
• Not Skills based
• Slow
• Expensive
• Outdated quickly
National Skills
Frameworks
• Not Granular
• Slow
• Expensive
• Outdated quickly
WORKFORCE
COMPANIES
EDUCATION &
TRAINING
SKILLS SUPPLY
4 years of formal
training
SKILLS DEMAND
4 years of data
collection
SKILLS TRAINING
4 years of curriculum
development
Past – Slow & Unfocused
New Technologies
Big Data Analytics
to decode
employer demand
and predict future
skill requirements
Intelligent skill-
gap analysis and
personalised
digital career
guidance
Automatic mapping
of curriculum to
granular skills and
modular education
for youth and adults
Workforce Transformation
GOVERNMENT
Singapore’s
National Jobs
Portal
Personalised career
and training
recommendations
>200,000
Weekly Users
EMPLOYERS
Global IT Company
Developing talent
transformation
frameworks &
providing personalised
learning to employees
>3,000 Skills
Tracked
20x Courses Taken
UNIVERSITIES
Student Career and
Skills Guidance
Scalable personalised
career guidance and
skills gap analysis
>33,000 Skills
Reported
12,000 Careers
Favourited
GLOBAL
Labour Market
Information
Research
Online labour market
data & skills demand
analysis
Bangladesh Myanmar
Sri Lanka Malawi
LMI - Top 20 Job Titles by Demand
job_titles
users
skills
job_ads
positions
resumes
industries
job_applications
departments
questions
comments
tags
companies
disciplines
salaries
Predictive ModellingCustomized model based
on required context
Data CollectionIndexing data given to
us by BDJobs
Statistical AnalysisData cleansing and
relational extraction
LMI - Top 20 Job Titles by Demand
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Job Titles (Normalised Scores)
21 Project Manager 37 Junior Software Engineer 53 Software Programmer 69 SAS Programmer 85Senior Manager, Digital Marketing
22 IT Support Engineer 38 Senior Developer 54 Hardware Engineer 70 Network Support Engineer 86 System Admin
23 Digital Marketing Executive 39 Marketing Executive 55 Application Developer 71 Sales Support Engineer 87 .NET Software Developer
24 Assistant Engineer 40 Assistant Manager 56 Customer Support Executive 72 IT Assistant 88Business Development Executive
25 Senior Web Developer 41 Systems Analyst 57 Senior Graphic Designer 73 Software Test Engineer 89 Senior .NET Developer
26 Web Designer 42 Website Developer 58 IT Engineer 74 Senior Software Developer 90 Senior Support Engineer
27 Database Administrator 43 Java Programmer 59 Front-End Web Developer 75 Senior Front-End Developer 91 Software QA Engineer
28 .NET Developer 44 Senior iOS Developer 60 Lead Web Developer 76 Software Architect 92 Developer
29 UI Designer 45 Executive 61 Senior Programmer 77 Software Developer Engineer 93 Game Developer
30 Network Engineer 46 Technical Writer 62 Online Marketing Executive 78 Python Developer 94 Digital Marketing Manager
31 Assistant Producer 47 SEO Specialist 63 Assistant IT Manager 79 Assistant Systems Engineer 95 Data Analyst
32 Systems Engineer 48 Senior Application Developer 64 Sales Executive 80 Senior Executive 96 Creative Designer
33 Mobile Developer 49 Web Programmer 65Vice President, Information Technology
81 Product Manager 97Software Quality Assurance Analyst
34 Network Administrator 50Software Quality Assurance Manager
66 Junior Web Developer 82 Senior QA Engineer 98 Junior Officer
35 IT Manager 51 Senior Android Developer 67 Trainer 83 Junior Executive 99 Project Coordinator
36 Business Analyst 52 Head of IT 68 Software Engineer Consultant 84 Computer Operator 100 Computer Programmer
Top 100 Job Titles by Demand (Cont’d)
Top 20 Skills in Demand
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Job Titles (Normalised Scores)
21 Java Software Development 37 Knowledge Discovery 53 Concept Design 69 Object Oriented Modeling 85 Computer Hardware
22 Web Technologies 38Software Development Methodologies
54 jQuery UI 70 Design Patterns 86 Oracle SQL
23 Work Well Independently 39 Software Design 55 Technology 71iPhone Application Development
87 Team Development
24 Web Knowledge 40 System Requirements 56 Requirements Analysis 72 Agile Application Development 88 Software Design Patterns
25 Able to Work under Pressure 41 Projects 57 HTML + CSS 73 Zend Framework 89 Java Web Services
26 Knowledge Engineering 42 Software Requirements 58 Application Design 74 Functional Requirements 90 Programming
27 Web 43 Documentation 59 J2EE Application Development 75 Best Practices 91 OA Framework
28 Problem Solving 44 Technical Support 60 Object Oriented Design 76 Software Documentation 92 Maintenance
29 Application Development 45 Technical Documentation 61 SQL Database Design 77 jQuery 93Software Development Life Cycle
30Applications Software Development
46 Java Application Development 62 Work Ethic 78 Introducing New Products 94 AJAX Frameworks
31 CSS JavaScript 47 Web Services 63 Web Development 79 Business Requirements 95 Android
32 Mobile Applications 48 Product Requirements 64Computer Hardware Troubleshooting
80 Troubleshooting 96 Android Development
33 Lean Software Development 49 Emerging Technologies 65 Code Review 81 Analytic Problem Solving 97 Network Infrastructure
34 GIS Applications 50 Knowledge Representation 66 New Product Ideas 82 Mobile Application Design 98 Core Java
35 Requirement Specifications 51 Scalable Web Applications 67 Angular JS 83Computer Hardware Installation
99 Design Specifications
36 Permit to Work 52 Web Services API 68 SQL DB2 84 Project Development 100 Databases
Top 100 Skills in Demand
InformationTechnology
#1Job Demand by Industry
Top 10 Skills for Software Engineer
Top 10 Skills for Web Developer
01 Web Applications
02 Design
03 Software Development
04 SQL
05 Development
06 Applications
07 Software
08 Web Application Design
09 Knowledge Management
10 SQL Server
01 Java
02 PHP
03 Script
04 SQL
05 PHP Frameworks
06 Web Applications
07 CSS JavaScript
08 Product Knowledge
09 Web Application Design
10 Development
01 Applications
02 GIS Applications
03 Design
04 Web Applications
05 Mobile Applications
06 Development
07 Mac OS
08 Always Willing to learn
09 Mobile Phone Apps
10 Mac OS X
Top 10 Skills for iOS Developer
National Portal - Job and Career Matching
Workforce Transformation for Enterprises
Data trains AI Recommendations for
Upskilling & Talent Development
Training Content
Talent Recommendations
Labour Market Info
HRMS & LMS
Internal
Training
Skills Frameworks and LMI Data
Staff Data and Records
Talent
Allocation
Succession
Planning
Career
Guidance
90% Cost & Time Savingsfor Talent Transformation
Skills Portfolio
Identify and showcase
portfolio of skills obtained from
work experience and
education.
Career Portfolio
Gain career recommendations
matched to their skills and learn
more about the details of each
career pathway.
Learning Portfolio
Understand skill gaps and
prioritise learning goals to
work towards aspirations.
Skills Profiling Report Individual (SPRI)
Skills Profiling
Digital Career Guidance
Data Insights
Sample Analysis
Sample Analysis
Workforce Transformation Value Chain
• Essential to quickly and effectively match skills supply to skills demand
• AI can learn from real-time LMI to recommend careers, training and jobs
• Existing case studies from other countries already utilizing such technology
• AI technology can be utilized in both developing and developed nations
LMI Skills Demand Research
Skills Framework
Development
Curriculum Adaptation
Teacher Training
Skills and Career
Development Guidance
Training Providers
EmploymentEmployerWorkforce
Transformation
